Pacific Basin Shipping (2343.HK)

Cash on Hand as of December 2023 : C$0.37 Billion

According to Pacific Basin Shipping's latest financial reports the company has C$0.37 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Pacific Basin Shipping - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.34 B	-42.43%
2022-12-31	C$0.60 B	2.8%
2021-12-31	C$0.58 B	95.7%
2020-12-31	C$0.29 B	14.49%
2019-12-31	C$0.26 B	-43.83%
2018-12-31	C$0.46 B	51.36%
2017-12-31	C$0.30 B	-14.96%
2016-12-31	C$0.36 B	-27.24%
2015-12-31	C$0.49 B	18.43%
2014-12-31	C$0.41 B	-18.39%
2013-12-31	C$0.51 B	-18.3%
2012-12-31	C$0.62 B	1.23%
2011-12-31	C$0.62 B	-10.71%
2010-12-31	C$0.69 B	-38.1%
2009-12-31	C$1.12 B	-5.07%
2008-12-31	C$1.18 B	70.99%
2007-12-31	C$0.69 B	841.48%
2006-12-31	C$73.63 M	-23.54%
2005-12-31	C$96.29 M	84.05%
2004-12-31	C$52.32 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Pacific Basin Shipping (2343.HK) - Cash on Hand